IREDA Sets New Record: Achieves Highest-Ever Loan Sanctions and Disbursements

IREDA Sets New Record: Achieves Highest-Ever Loan Sanctions and Disbursements

Indian Renewable Energy Development Agency Limited (IREDA), the largest pure-play green financing NBFC in the country, has achieved its highest-ever annual loan sanctions and disbursements in the financial year 2023-24. The company has sanctioned loans amounting to Rs. 37,354 crores and disbursed loans worth Rs. 25,089 crores during the fiscal year. This has led to … Read more

India needs Rs. 30 lakh crores investment during FY 2024-2030 

Why the Rupee Dropped Below 84 for the First Time in History

Shri Pradip Kumar Das, Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA), spoke at an international webinar organized by The World Bank on February 14, 2024, to coincide with the release of the latest South Asia Development Update “Toward Faster, Cleaner Growth”. In his talk, CMD of IREDA emphasized the … Read more

IIT Bhubaneswar and IREDA Ink Memorandum of Understanding

IIT Bhubaneswar and IREDA Ink Memorandum of Understanding

Indian Renewable Energy Development Agency Ltd. (IREDA) has taken a significant step towards fostering innovation and research in the renewable energy sector, by signing a Memorandum of Understanding (MoU) with Indian Institute of TechnologyBhubaneswar. The MoU, inked today, February 11, 2024, at the 100 Cube Start-up Conclave held at IIT Bhubaneswar, aims to support collaborative efforts in … Read more

IREDA Launches CSR Portal

IREDA Launches CSR Portal to Improve Transparency

Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has launched a Corporate Social Responsibility (CSR) portal for enhancing transparency in its CSR initiatives. The portal will facilitate transparency in receipt and disposal of CSR requests from various … Read more

IREDA Signs MoUs with Union Bank of India, Bank of Baroda for Renewable Energy Projects

IREDA Signs MoUs with Union Bank of India, Bank of Baroda for Renewable Energy Projects

Indian Renewable Energy Development Agency Ltd. (IREDA) signed Memorandums of Understanding (MoUs) with Union Bank of India (UBI) and Bank of Baroda (BoB) on September 5, 2023, taking a further step towards speeding the expansion of renewable energy in India. These agreements will give IREDA the ability to work with UBI and BoB in loan … Read more